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Silver has seen substantial energy in the last two months as it is now exceeding gold. One mining exec stated that all-time highs are not unreachable for the rare-earth element with this solid tailwind.
In an interview with Kitco News on the sideline of the Mines and also Money Online Connect worldwide virtual mining meeting, Jim McDonald, CEO of Kootenay Silver, said that unprecedented loose monetary policy all over the world would remain to drive rare-earth elements greater. He included that silver's all-time high around $50 isn't also the full target.
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Silver is now trading like a currency; look for higher prices - Kootenay Silver CEO
Silver has seen significant momentum in the last two months as it is now outperforming gold. One mining executive said that all-time highs are not out of reach for the precious metal with this strong tailwind.
In an interview with Kitco News on the sideline of the Mines and Money Online Connect global virtual mining conference, Jim McDonald, CEO of Kootenay Silver, said that unprecedented loose monetary policy around the world would continue to drive precious metals higher. He added that silver's all-time high around $50 isn't even the full target.
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Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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